Forbes December 19, 2024
When it comes to health gadgets you can wear on your finger, one brand stands out: ŌURA, maker of the Oura Ring. Today, the company announced the completion of a $200 million Series D funding round. The company’s CEO, Tom Hale, says that the money will “unlock new opportunities.”
ŌURA was founded in Finland in 2013—before Apple launched its first wearable, the Apple Watch—and recently announced that it has sold more than 2.5 million Oura Rings. The new funding means its valuation has now grown to $5.2 billion, twice its valuation from 2022.
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